WAYRA’S INTELLIGENT MOBILITY START-UPS HAVE RAISED OVER $250M

London

January 14, 2020

• THE PROGRAMME IS A COLLABORATION BETWEEN WAYRA UK AND CONNECTED PLACES CATAPULT. IT’S SUPPORTED BY HYUNDAI, AMEY AND STAGECOACH.

• IT IS DESIGNED TO SCALE DISRUPTIVE START-UPS TO REVOLUTIONISE THE UK’S TRANSPORT SUPPLY CHAIN.

• 11 START-UPS WILL DELIVER SHORT PITCHES ON 15TH JANUARY.

Wayra UK - Telefónica's global open innovation arm – celebrates the end of the 3rd Intelligent Mobility Accelerator with a Demo Day event. The Intelligent Mobility (IM) Accelerator is a partnership between Connected Places Catapult (UK Government funded) and Wayra UK, with support from Stagecoach, Hyundai and Amey (part of the Ferrovial Group). To date, it has generated 24 commercial pilots for the 28 start-ups that have gone through three cohorts. All start-ups combined have raised over $250M in external investment.

The programme is designed to attract disruptive start-ups with high-growth potential into the UK transport supply chain, while helping them grow into world-leading companies. It is the first in the UK to cover the full range of areas related to Intelligent Mobility, supporting data-driven solutions for the most pressing transport problems facing the world today.

Demo Day marks the end of the six-month programme and it will take place on 15th January at The Conduit, in Mayfair, Central London. The following start-ups will deliver short pitches: Liftshare, minicabit, BriteYellow, Xtellingent, Grid, Podaris, Protean Electric, Tomorrow's Journey, Alchera Technologies, Opencapacity and Parknav. The event will welcome 150 guests (invite-only) and the presentations will be followed by networking.

According to Alex Weedon, SME Director at the Connected Places Catapult, “We have been constantly impressed by the quality of the start-ups that have been part of the Accelerator programme over the past six months, they all have the potential to disrupt the transport sector with their innovative solutions to solve a host of mobility challenges and we believe they have a bright future ahead of them”.

Liftshare, UK’s largest car-sharing network, is one of the start-ups from the current cohort and it is working on plans to introduce Liftshare at O2's Slough HQ, to enable O2 employees to car-share and keep an eye on their carbon footprint.

The programme has already accelerated some very successful business such as Valerann, a start-up from the 1st cohort, which was just awarded as CES Top Tech Winner. Its Smart Roads Platform has also been awarded the 2020 Best of Innovation in the CES Innovation Awards.

WHAT: Intelligent Mobility Demo Day

WHO: Wayra UK (Telefónica's open innovation hub); Connected Places Catapult, Hyundai, Amey (part of Ferrovial Group) and Stagecoach.

WHERE: The Conduit, Mayfair, Central London.

WHEN: 15th January, from 10:30 AM to 3 PM.

FOR MORE INFORMATION CONTACT: Victor Aloi, victor.aloic@wayra.org

ABOUT WAYRA

At Wayra UK, we democratise entrepreneurship. We do this by providing unparalleled access to networks and capital that turn start-ups into scale-ups while ensuring that our cohorts reflect the diversity of the UK and, indeed, the world. Our 190 portfolio companies have a combined value of near $1bn and have had 136 trials or contracts with Telefónica, generating $18m in revenue for our portfolio of start-ups.

Add to this a further 7 programmes that have supported 94 start-ups in 6 cities throughout the UK, and it becomes clear why it is said that Wayra UK is Great Britain’s only truly national innovation programme. We bring world-class start-ups not only to Telefónica globally and O2 locally but also to our network of partners, including Cisco, Novartis, Ferrovial, Hyundai, Connected Places Catapult, Network Rail and the British Government via the GCHQ and NCSC. In each case, our primary aim is to find new sources of revenue and/or innovation.

We are part of the larger Wayra network.  At Wayra, we scale start-ups. We offer start-ups access not only to investment but also to business development opportunities with some of the world’s largest companies, including our parent company, Telefónica. Wayra runs 7 hubs in Europe and Latin America that reach the entrepreneurial ecosystems of 10 countries.  This makes us one of the world’s most global, connected and technological innovation hubs.

ABOUT TELEFÓNICA

Telefónica is one of the largest telecommunications companies in the world by market capitalization and number of customers with a comprehensive offering and quality of connectivity that is delivered over world class fixed, mobile and broadband networks. As a growing company, it prides itself on providing a differential experience based both on its corporate values and a public position that defends customer interests.

The company has a significant presence with over 346 million accesses around the world. Telefónica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.

Telefónica is a 100% listed company and its shares are traded on the Spanish Stock Market and those in New York and Lima.

ABOUT CONNECTED PLACES CATAPULT

The Connected Places Catapult accelerates smarter living and travelling in and between the places of tomorrow. We focus on growing businesses with innovations in mobility services and the built environment that enable new levels of physical, digital and social connectedness. The Connected Places Catapult operates at the intersection between public and private sectors and between local government and transport authorities. We convene the disparate parts of the market to help innovators navigate the complexity of doing business, creating new commercial opportunities and improving productivity, socio-economic and environmental benefits for places.

ABOUT FERROVIAL

We’re the faces behind the services you use every day and we’ve been in the business of creating better places to live, work and travel for nearly 100 years.

Our team of 19,000 people and the depth of services we deliver, makes us a leading supplier of consulting and infrastructure support services in the UK and internationally.

We design, build, maintain and invest in services and infrastructure and we’re proud to make a difference. Serving the communities we work in, whatever the weather and whatever the challenge.

ABOUT AMEY

We’re the faces behind the services you use every day and we’ve been in the business of creating better places to live, work and travel for nearly 100 years.

Our team of 19,000 people and the depth of services we deliver, makes us a leading supplier of consulting and infrastructure support services in the UK and internationally.

We design, build, maintain and invest in services and infrastructure and we’re proud to make a difference. Serving the communities we work in, whatever the weather and whatever the challenge.

ABOUT HYUNDAI

The power of new thinking has helped Hyundai become the world's fifth-largest motor group in less than fifty years, selling 4.05 million vehicles in 2011. In 1967, in an innovative arrangement, Chung Ju-Yung started the Hyundai Motor Company to build the Cortina in Korea, in association with Ford.

Smart enough to realise world-class expertise could unlock lucrative new markets, Chung hired former Austin Morris boss George Turnbull in the 1970s to lead development of the very first Hyundai car.

Within two decades Hyundai was exporting in volume, to the huge US market among others. Today, Hyundai has the world's biggest car plant. Ulsan, in South Korea, builds 1.5 million cars a year - the equivalent of one every 20 seconds, thanks to 34,000 personnel and berths where three 50,000 ton ships can anchor simultaneously. It's also known as the 'forest plant', because it has 58,000 trees landscaped within it.

Hyundai also has Europe's most modern plant, Nošovice in the Czech Republic, with advanced technologies and waste-management systems to ensure exceptionally high levels of quality, while keeping impact on the environment to a minimum.

ABOUT STAGECOACH

Stagecoach Group is a market leader in delivering greener, smarter travel, with bus and rail operations in the UK and overseas. The Group operates some of the most recognised and successful brands in the transport sector. The Group operates bus, coach, rail, and tram services in regulated and deregulated markets.

In UK, Stagecoach is the biggest bus and coach operator. They operate a major city bus operation in London, Manchester, Liverpool, Newcastle, Hull, Sheffield, Oxford and Cambridge, as well as inter-urban services linking smaller locations. They also run the low-cost coach service megabus.com in the UK.

The Group is also a UK rail operator, directly running the East Midlands Trains network Stagecoach and Virgin have partnered to jointly run the West Coast inter-city rail franchise.

Stagecoach also operates a major tram network in Sheffield. The Group’s joint ventures include Virgin Rail Group and Scotland’s biggest coach operator, Scottish Citylink.

The company strives to be a trusted and successful public transport business and a respected community partner. It has partnered with bus manufacturer Alexander Dennis Limited (ADL) and technology company Fusion Processing to produce a single deck autonomous bus, the first of its kind in UK.

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